Recently, the professional skater Tony Hawk addressed the AICPA (American Institution of Certified Public Accountants). There Hawk discussed how his risky career coupled with accounting. And the truth is Hawk has had ups and downs. It is important to notice that those...

"Taxation Without Representation is Tyranny" - James Otis Today is Independence Day, but do you remember what started this celebration? Taxes. The thirteen colonies of North America felt overtaxed by Britain, so they revolted. So, we know how the colonists felt about...

Last Thursday, the Supreme Court, in a pretty close decision, changed the commercial construct for sales tax. Prior to this ruling, states could not collect sales tax from companies not physically present in the state. Now states can require companies, with...

Some Exceptional Dogs You may remember back in tax season when Emy was wiping out tax returns. Well, she is only one of the many extraordinary puppies out there. Take, for example, Maggie from Sound Construction. She can easily operation complex construction...

Know the Signs of a Scam Tax season may only consist of a few months but tax scammers work year-round, so it is important to know the tell-tale signs of an IRS scam. Here are a few tips to spot a scam: Caller ID is not fact. People can manipulate caller ID to appear...

How Should Business Owners Prepare for Next Tax Season? The average person may not have to think about taxes up until the tax deadline, but that is not true for business owners. Here are some keys to a successful season: -Separate personal and business deductions with...

Andrews Tax Accounting is Proud to Showcase our Client Mr. Frank’s Spice Co. At first glance, you may think Mr. Frank’s Spice Co. is just your run-of-the-mill spice producer, but the company stands for much more than that. It is a legacy. Founder, Lisa Campbell,...

You may have thought that the mastermind behind Andrews Tax Accounting was Jeri Andrews, but you would be wrong. The true brain of the company is none other than Emy. As you can see, Emy is very capable of using programs like QuickBooks. You can even find Emy on...

Reasons to Have a Business Bank Account The following is a few reasons why every business owner needs a separate bank account for business transactions. Image-Writing checks or accepting payments through a personal account makes a company appear new, inexperienced,...

Improvements to Hopefully Come Recently, legislation has been brought to Congress to redesign the Internal Revenue Service into a taxpayer-first agency. Taxpayer-first means the agency will focus on service instead of just enforcement and collections. Not only that,...

Considerations To Make Before Choosing Clear Books, a software company similar to Intuit, conducted a survey of small businesses in the UK to determine the needs of business owners in regards to their accountants. Image by Clear Books {http://ow.ly/xDVA30jIRXR} Clear...

Possible Deductions Business owners can make many deductions for their expenses. Below are a few of the most common deductions, but these are certainly not all the deductions business owners can make. Rent Expenses Most businesses can deduct their rent expenses if...

The Benefits of Outsourcing The biggest determination of whether to hire an in-house accountant or to outsource comes down to price. The salary of a full-time accountant is roughly $60,000 a year. The salary of a full-time bookkeeper is around $45,000 a year. So,...

The Goals of the United Nations and the Accounting Industry The United Nations' assembly agenda has 17 sustainable development objectives aimed to be achieved by 2030. You may be wondering “Why is an accounting firm discussing UN goals?” Well, many of the intentions...

Untrue but Common Misconceptions Recently, Accounting Today, a trade magazine, collected the many misconceptions about tax preparers. The following is a list of common beliefs the public has towards tax preparers. All tax preparers are equal - This is the most...

Robert McKenzie, a tax humor connoisseur and partner at Saul Ewing Arnstein & Lehr, has been collecting tax jokes over the years. Here are a couple of the great ones in anticipation for April Fool’s Day! The Highest Perch A CPA goes into a pet shop to buy a...

“Minimizing taxes may be the difference between a profitable business and one that is just scraping by” -David Rae, Certified Financial Planner Follow these tips to save on taxes: Listen to your tax professional but be sure to find a professional you can trust. Track...

Artificial Intelligence in the Accounting Industry Not much innovation has been seen in the accounting field since double-entry bookkeeping. Today, there are various bookkeeping programs that accountants can take advantage of. For example, QuickBooks Online allows...